Short Positions Make Up 95% of $36.4 Million in Crypto Liquidations

Crypto liquidations across Binance, Bybit and OKX reached $36.4 million in the hour ending Oct. 20 at 10:07 a.m. ET (14:07 UTC), with short positions making up about 95% of the total.

Short positions accounted for $34.73 million, compared with $1.67 million in long positions. The combined count was 5,353 liquidation events during the one-hour window. Short liquidations exceeded long liquidations by $33.06 million across the three exchanges.

Binance recorded $17.18 million in liquidations, the largest amount among the three exchanges. OKX followed with $15.58 million, while Bybit recorded $3.63 million. The figures combine public liquidation records from Binance, Bybit and OKX for the same one-hour period.

Ether (ETH) had the highest asset-level amount at $12.39 million. Bitcoin (BTC) followed at $8.59 million, and Zcash (ZEC) accounted for $4.78 million. The $36.4 million figure covers only Binance, Bybit and OKX; it is not a total for the broader crypto market.